Canadian Prepper, 10/26/24
"Alert! Iran Getting Nuclear Weapons, Plans Major Retaliation!
US Sends Dozens Of Planes To Qatar"
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So, we rise from the rubble...
Saturday, October 26, 2024
"Israel Weak and Terrified: Iran's Superior Defenses Crush IDF"
Danny Haiphong, 10/26/24
"Israel Weak and Terrified:
Iran's Superior Defenses Crush IDF"
"Geopolitical analyst and journalist Ben Norton joined as we broke the news about Israel's so-called "retaliation" to Iran. This video exposes the truth about the puny response and what it means overall geopolitically as all out war in the Middle East inches closer."
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Jeremiah Babe, "Don't Chase The Money Dream - Quitters Don't Win"
Jeremiah Babe, 10/26/24
"Don't Chase The Money Dream -
Quitters Don't Win"
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"A Look to the Heavens"
"Have you ever seen the Pleiades star cluster? Even if you have, you probably have never seen it as large and clear as this. Perhaps the most famous star cluster on the sky, the bright stars of the Pleiades can be seen without binoculars from even the depths of a light-polluted city. With a long exposure from a dark location, though, the dust cloud surrounding the Pleiades star cluster becomes very evident. The featured exposure, taken from Florida, USA, covers a sky area several times the size of the full moon.
Also known as the Seven Sisters and M45, the Pleiades lies about 400 light years away toward the constellation of the Bull (Taurus). A common legend with a modern twist is that one of the brighter stars faded since the cluster was named, leaving only six of the sister stars visible to the unaided eye. The actual number of Pleiades stars visible, however, may be more or less than seven, depending on the darkness of the surrounding sky and the clarity of the observer's eyesight."
"A Person Who Has Remained A Person..."
“A person who has not been completely alienated, who has remained sensitive and able to feel, who has not lost the sense of dignity, who is not yet ‘for sale’, who can still suffer over the suffering of others, who has not acquired fully the having mode of existence – briefly, a person who has remained a person and not become a thing – cannot help feeling lonely, powerless, isolated in present-day society. He cannot help doubting himself and his own convictions, if not his sanity.”
- Erich Fromm
The Poet: Galway Kinnel, "Another Night in the Ruins"
"Another Night in the Ruins"
"How many nights must it take
one such as me to learn
that we aren't, after all, made
from that bird that flies out of its ashes,
that for us
as we go up in flames,
our one work is
to open ourselves,
to be the flames?"
~ Galway Kinnel
"When That Day Comes..."
"If you had one last breath - what would you say? If you had one hour to use your limbs before you would lose the use of them forever - would you sit there on the coach? If you knew that you wouldn't see tomorrow who would you make amends with? If you knew you had only an hour left on this earth - what would be so pressing that you just had to do it, say it, or see it? Well there is something that I can guarantee - that one day you will have one day, one hour and one breath left. Just make sure that before that day that you have said, done and experienced everything that you dream of doing now. Do it now - that is what today is for. So pick up the phone and call an old friend that you have fallen out of touch with. Get out and run a mile and use your body and sweat. Seek out someone in your life to say you're sorry to. Seek someone In your life that you need to thank. Seek someone in your life that you need to express your feelings of love to. Then when that day comes you will be ok with it all."
- John A. Passaro
"If you were going to die soon and had only one phone call you could make,
who would you call and what would you say? And why are you waiting?"
~ Stephen Levine
"If, after I depart this vale, you ever remember me and have thought to
please my ghost, forgive some sinner and wink your eye at some homely girl."
- H. L. Mencken
"The Chief Obstacle...:
"The chief obstacle to the progress of the human race is the human race."
- Don Marquis
"In the mass of mankind, I fear, there is too great a majority of fools
and knaves, who, singly from their number, must to a certain degree
be respected, though they are by no means respectable."
- Philip Stanhope
"Thought..."
"Men fear thought as they fear nothing else on earth, more than ruin, more even than death. Thought is subversive and revolutionary, destructive and terrible, thought is merciless to privilege, established institutions, and comfortable habit. Thought looks into the pit of hell and is not afraid. Thought is great and swift and free, the light of the world, and the chief glory of man."
- Bertrand Russell
"Five percent of the people think;
ten percent of the people think they think;
and the other eighty-five percent would rather die than think."
- Thomas A. Edison.
“In The Long Run… We Are All Alive”
“In The Long Run… We Are All Alive”
by MN Gordon
“In 1976, economist Herbert Stein, father of Ben Stein, the economics professor in Ferris Bueller’s Day Off, observed that U.S. government debt was on an unsustainable trajectory. He, thus, established Stein’s Law: “If something cannot go on forever, it will stop.” Stein may have been right in theory. Yet the unsustainable trend of U.S. government debt outlasted his life. Herbert Stein died in 1999, several decades before the crackup. Those reading this may not be so lucky.
Sometimes the end of the world comes and goes, while some of us are still here. We believe our present episode of debt, deficits, and state sponsored economic destruction, is one of these times.. We’ll have more on this in just a moment. But first, let’s peer back several hundred years. There we find context, edification, and instruction.
In 1696, William Whiston, a protégé of Isaac Newton, wrote a book. It had the grandiose title, “A New Theory of the Earth from its Original to the Consummation of All Things.” In it he proclaimed, among other things, that the global flood of Noah had been caused by a comet. Mr. Whiston took his book very serious. The good people of London took it very serious too. Perhaps it was Whiston’s conviction. Or his great fear of comets. But, for whatever reason, it never occurred to Londoners that he was a Category 5 quack.
Like Neil Ferguson, and his mathematical biology cohorts at Imperial College, London, Whiston’s research filled a void. Much like today’s epidemiological models, the science was bunk. Nonetheless, the results supplied prophecies of the apocalypse to meet a growing demand. It was just a matter of time before Whiston’s research would cause trouble…
Judgement Day: In 1736, William Whiston crunched some data and made some calculations. He projected these calculations out and saw the future. And what he witnessed scared him mad. He barked. He ranted. He foamed at the mouth to anyone who would listen. Pretty soon he’d stirred up his neighbors with a prophecy that the world would be destroyed on October 13th of that year when a comet would collide with the earth.
Jonathan Swift, in his work, “A True and Faithful Narrative of What Passed in London on a Rumour of the Day of Judgment,” quoted Whiston: “Friends and fellow-citizens, all speculative science is at an end: the period of all things is at hand; on Friday next this world shall be no more. Put not your confidence in me, brethren; for tomorrow morning, five minutes after five, the truth will be evident; in that instant the comet shall appear, of which I have heretofore warned you. As ye have heard, believe. Go hence, and prepare your wives, your families, and friends, for the universal change.”
Clergymen assembled to offer prayers. Churches filled to capacity. Rich and paupers alike feared their judgement. Lawyers worried about their fate. Judges were relieved they were no longer lawyers. Teetotalers got smashed. Drunks got sober. Bankers forgave their debtors. Criminals, to be executed, expressed joy.
The wealthy gave their money to beggars. Beggars gave it back to the wealthy. Several rich and powerful gave large donations to the church; no doubt, reserving first class tickets to heaven. Many ladies confessed to their husbands that one or more of their children were bastards. Husbands married their mistresses. And on and on…
The Archbishop of Canterbury, William Wake, had to officially deny this prediction to ease the public consternation. But it did little good. Crowds gathered at Islington, Hampstead, and the surrounding fields, to witness the destruction of London, which was deemed the “beginning of the end.” Then, just like Whiston said, a comet appeared. Prayers were made. Deathbed confessions were shared. And at the moment of maximum fear, something remarkable happened: the world didn’t end. The comet did not collide with earth. It was merely a near miss.
The experience of Whiston, and his pseudoscience prophecy, shows that predictions of the end of the world come and go while people still remain. Sometimes the fallout of these predictions, and the foolishness they provoke, is limited. Other times the foolishness they provoke leads to catastrophe. Here’s what we mean…
“In the long run we are all dead,” said 20th Century economist and Fabian socialist, John Maynard Keynes. This was Keynes rationale for why governments should borrow from the future to fund economic growth today. Of course, politicians love an academic theory that gives them cover to intervene in the economy. This is especially so when it justifies spending other people’s money to buy votes. Keynesian economics, and in particular, counter-cyclical stimulus, does just that.
U.S. politicians have attempted to borrow and spend the nation to prosperity for the last 80 years. Over the past decade, the Federal Reserve has aggressively printed money to fund Washington’s epic borrowing binge. Fed Chair Jay Powell confirmed that the Fed will pursue policies of dollar destruction to, somehow, print new jobs.
The world as it was once known – where a dollar was as good as gold – has come and gone. Today, in life after the end of that world, we are witnessing the illusion of wealth, erected by four generations of borrowing and spending, crumble before our eyes. Moreover, contrary to Keynes, in the long run we are not all dead. In fact, in the long run we are all very much alive. And we are all living with the compounding consequences of shortsighted economic policies.”
"Autumn Walking Tour in the Very Center of Moscow 2024"
Meanwhile, in a sane, civilized society...
Full screen recommended.
Different Russia, 10/26/24
"Autumn Walking Tour in the Very Center of Moscow 2024"
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"Have We Ever Seen A Time When 4 Major Global Wars Are All Percolating Simultaneously?"
"Have We Ever Seen A Time When 4 Major Global Wars
Are All Percolating Simultaneously?"
by Michael Snyder
"We have reached a moment in history that none of us will forget. We are literally standing on the precipice of the unthinkable, and most people don’t even realize it. Of course horrific wars have a way of erupting when most people are not expecting them. Hardly anyone expected a global war to erupt in 1914, but then tens of millions of precious souls died over the next four years. Hardly anyone expected a global war to erupt in 1939, but then tens of millions of precious souls died over the next six years. This time around, what is happening should be glaringly obvious to everyone. Personally, I have been specifically warning about what is taking place right now for more than a decade. If we do not change course, billions of precious souls could die during the nightmarish global wars that are rapidly approaching.
At this moment, most Americans have no idea that a war between the United States and China is coming. Just a few days ago, Chinese President Xi Jinping boldly talked about “preparation for war” as he was dressed in military fatigues…
"On Thursday Chinese Communist Dictator Xi Jinping commanded troops to strengthen their preparedness for war while visiting his People’s Liberation Army Rocket Force following last week’s drills of surrounding the sovereign country of Taiwan. “Xi said the military should ‘comprehensively strengthen training and preparation for war, (and) ensure troops have solid combat capabilities,’ CCTV reported,” according to the AFP and reported on Barrons Saturday."
Why would China need to prepare for war? Needless to say, nobody is planning to attack China. The truth is that the only reason that China would need to prepare for war is if it was planning to invade Taiwan. Because the moment that China invades Taiwan, the U.S. and China will be at war.
In recent days, the Chinese have been getting very aggressive with Taiwan…"On Monday, Beijing had deployed fighter jets, drones, warships and coast guard vessels to encircle Taiwan - its fourth round of large-scale war games around the democratic island in just over two years. China’s communist leaders have insisted they will not rule out using force to bring Taiwan under Beijing’s control."
Meanwhile, western leaders continue to publicly discuss sending NATO troops to Ukraine. The latest example of this came from the foreign minister of Lithuania…"The Lithuanian Foreign Minister Gabrielius Landsbergis said in a statement to Politico on Monday that European Union countries should return to the idea of putting boots-on-the-ground in Ukraine to fight Russia.
The idea comes after French President Emmanuel Macron said in February that sending Western troops to Ukraine is not ‘ruled out’ for the future plans in war against Russia, according to the AP. German Chancellor Olaf Scholz shut down that plan for the time being however. “If information about Russia’s killing squads being equipped with North Korean ammunition and military personnel is confirmed, we have to get back to ‘boots on the ground’ and other ideas proposed by [French President] Emmanuel Macron,” he said in written comments, Politico reported on Monday."
One of the reasons why this has came up again is because there are reports that soldiers from North Korea are being equipped and sent to fight for Russia on the front lines of eastern Ukraine…"North Korean soldiers have been filmed receiving uniforms and equipment at a training ground in Russia’s far east, appearing to confirm reports from South Korea’s National Intelligence Service (NIS) that 1,500 soldiers have been shipped over for military training to be deployed in Ukraine. The North Korean troops are thought to be receiving training before being sent to the front line in Ukraine, in what is thought to be a clear sign of the ever-warming relations between Moscow and Pyongyang." Both sides just continue to escalate matters.
It appears to be just a matter of time before we find ourselves in a direct conflict with the Russians, and that is a really, really bad idea. North Korea has been making all sorts of noise lately. In addition to sending troops to fight in Ukraine, the North Koreans are also threatening to invade South Korea…"North Korea has said it had found the remnants of a South Korean military drone and that any further “violation” of its territory would result in a “declaration of war.” Tensions between the two sides of the peninsula have escalated since May when the North began flying balloons carrying garbage across the border to the South, prompting Seoul to respond by restarting loudspeaker propaganda broadcasts.
This week, North Korea accused South Korea of flying drones over Pyongyang on three occasions this month and threatened to respond with force if it happened again. The North Korean military is vastly superior to the South Korean military. If North Korea invades, the only way that South Korea will survive is if we intervene."
But right now the U.S. military is focused on the Middle East, because that conflict could spiral completely out of control at any moment. On Sunday night, IDF spokesman Daniel Hagari warned that Israel would soon begin targeting any financial institutions that aid Hezbollah… “In the past 24 hours, dozens of projectiles have been fired at northern Israel,” he began. “In the next minutes, we will issue an advance evacuation warning to residents of Beirut and other areas in Lebanon to evacuate locations being used to finance Hezbollah’s terror activities. I emphasize here: Anyone located near sites used to fund Hezbollah’s terror activities must move away from these locations immediately.
We will strike several targets in the coming hours and additional targets throughout the night. In the coming days, we will reveal how Iran funds Hezbollah’s terror activities by using civilian institutions, associations, and NGOs that act as fronts for terrorism.”
And it certainly did not take long for that to start happening. Last night, branches of Al-Qard Al-Hassan Association Bank were hit by Israeli airstrikes…"Israeli fighter jets struck dozens of targets in Beirut and other areas of southern Lebanon overnight, including branches of a bank accused of holding funds used by Hezbollah. The military’s Arabic spokesman, Avichay Adraee, had earlier in the night issued several evacuation orders for buildings throughout southern Lebanon he said were in the vicinity of facilities belonging to the U.S.-sanctioned Al-Qard Al-Hassan Association Bank."
Most people in the western world have absolutely no idea how chaotic things have become over there. It is being reported that there is “widespread panic” in Beirut at this moment…"Jeanine Hennis, the United Nations’ special coordinator for Lebanon, said that after the IDF issued its evacuations, said there was “widespread panic” in Beirut. “A brief window to escape to safety. Intense blasts reverberate across the night sky. With each day, Lebanon suffers more. But even amid the escalating violence, solutions remain available. If only opportunities would be seized,” she said."
Could the U.S. soon find itself involved in 4 major global wars? Let’s hope not, because we are not even prepared to fight one… The US Army’s outgoing top commander in the Pacific region has warned that the US can “ill afford” another war because its military is vastly overstretched.
According to Defense One, Gen. Charles Flynn said that the US’ authoritarian rivals - Russia, China, Iran, and North Korea - had been placing increasing pressure on American military resources. Speaking at the AUSA conference in Washington DC last week, Flynn described the technology and military alliances between the authoritarian states as a “very dangerous combination.” The U.S. military is not the overwhelming global force that it once was. While other major powers have been feverishly preparing to fight World War III, our military has been rapidly becoming a politically correct joke. Now a day of reckoning is upon us, and we are not ready."
Dan, I Allegedly, "You Are About To Go To Jail"
Full screen recommended.
Dan, I Allegedly, 10/26/24
"You Are About To Go To Jail"
"Are you ready for a bombshell revelation? In today's video on IAllegedly, we're diving deep into the world of PPP fraud and why you're REALLY going to jail for it. The feds are cracking down, and those who lied about their payroll numbers are in for a rude awakening. From high-flying fraudsters to unsuspecting small business owners, nobody's safe if they played fast and loose with the rules."
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Canadian Prepper, "Alert! Israel's 100 Planes Attack Iran! China Conducts Doomsday EMP Test"
Canadian Prepper, 10/25/24
"Alert! Israel's 100 Planes Attack Iran!
China Conducts Doomsday EMP Test"
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o
Full screen recommended.
Times of India, 10/26/24
"Israel In Panic, Sends Secret Message To Iran,
Tel Aviv Braces For Tehran Retaliation"
"Israel sent a message to Iran prior to strikes on Tehran attack warning Islamic Republic against any retaliation to the IDF attack, Axios reported, citing sources. The message was sent through third parties and sought to prevent escalation after the attack. The U.S. believes Iran may hit Israel once again to avenge the weekend attack, Axios reported."
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o
Full screen recommended.
Times Of India, 10/26/24
"'What Attack?': Iran Mocks Israel For 'Weak Strike';
Calls Out IDF's '100 IDF Aircraft' Claim As Lie"
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Friday, October 25, 2024
"Larry C. Johnson & Andrei Martyanov: Israel Attacks Iran!"
Dialogue Works, 10/25/24
"Larry C. Johnson & Andrei Martyanov:
Israel Attacks Iran!"
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"Ben Norton: Israel Attacks Iran, Putin Warns of WW3 as BRICS Crushes Dollar"
Danny Haiphong, 10/25/24
"Ben Norton: Israel Attacks Iran,
Putin Warns of WW3 as BRICS Crushes Dollar"
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Redacted, "Col. Douglas Macgregor: Israel Is Destroying Itself And Millions Will Die"
Redacted, 10/25/24
"Col. Douglas Macgregor:
Israel Is Destroying Itself And Millions Will Die"
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Jeremiah Babe, "Escaping California For The Deep South - The US Housing Market Is Extremely Overvalued"
Full screen recommended.
Jeremiah Babe, 10/25/24
"Escaping California For The Deep South -
The US Housing Market Is Extremely Overvalued"
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Musical Interlude: Disturbed "The Sound Of Silence"
Full screen recommended.
Official release.
Disturbed "The Sound Of Silence"
Singer: David Draiman
1,042,094,300 views.
○
Full screen recommended.
Conan O'Brian Show live performance.
Disturbed, "The Sound Of Silence" (Live)
Folks, there's "something" here, it touches your soul, what it is I can't say,
but if there are words for it I don't know them, and can only stand in speechless awe...
"A Look to the Heavens"
“Point your telescope toward the high flying constellation Pegasus and you can find this expanse of Milky Way stars and distant galaxies. Centered on NGC 7814, the pretty field of view would almost be covered by a full moon. NGC 7814 is sometimes called the Little Sombrero for its resemblance to the brighter more famous M104, the Sombrero Galaxy.
Both Sombrero and Little Sombrero are spiral galaxies seen edge-on, and both have extensive central bulges cut by a thinner disk with dust lanes in silhouette. In fact, NGC 7814 is some 40 million light-years away and an estimated 60,000 light-years across. That actually makes the Little Sombrero about the same physical size as its better known namesake, appearing to be smaller and fainter only because it is farther away. A very faint dwarf galaxy, potentially a satellite of NGC 7814, is revealed in the deep exposure just below the Little Sombrero.”
- http://apod.nasa.gov/apod/ap131025.html
The Poet: James Baldwin, "Amen"
"Amen"
"No, I don't feel death coming.
I feel death going:
having thrown up his hands,
for the moment.
I feel like I know him
better than I did.
Those arms held me,
for a while,
and, when we meet again,
there will be that secret knowledge
between us. "
- James Baldwin
“Why Albert Einstein Thought We Were All Insane”
“Why Albert Einstein Thought We Were All Insane”
by Simon Black
“In the early summer of 1914, Albert Einstein was about to start a prestigious new job as Director of the Kaiser Wilhelm Institute for Physics. The position was a big deal for the 35-year old Einstein – confirmation that he was one of the leading scientific minds in the world. And he was excited about what he would be able to achieve there. But within weeks of Einstein’s arrival, the German government canceled plans for the Institute; World War I had broken out, and all of Europe was gearing up for one of the bloodiest conflicts in human history.
The impact of the Great War was immeasurable. It cost the lives of 20 million people. It bankrupted entire nations. The war ripped two major European powers off the map – the Austro Hungarian Empire, and the Ottoman Empire – and deposited them in the garbage can of history. Austria-Hungary in particular boasted the second largest land mass in Europe, the third highest population, and one of the biggest economies. Plus it was a leading manufacturer of high-tech machinery. Yet by the end of the war it would no longer exist.
World War I also played a major role in the emergence of communism in Russia through the 1917 Bolshevik revolution. Plus it was also a critical factor in the astonishing rise of the Nazi party in Germany. Without the Great War, Adolf Hitler would have been an obscure Austrian vagabond, and our world would be an entirely different place.
One of the most bizarre things about World War I was how predictable it was. Tensions had been building in Europe for years, and the threat of war was deemed so likely that most major governments invested heavily in detailed war plans. The most famous was Germany’s “Schlieffen Plan”, a military offensive strategy named after its architect, Count Alfred von Schlieffen. To describe the Schlieffen Plan as “comprehensive” is a massive understatement.
As AJP describes in his book "War by Timetable", the Schlieffen Plan called for rapidly moving hundreds of thousands of soldiers to the front lines, plus food, equipment, horses, munitions, and other critical supplies, all in a matter of DAYS. Tens of thousands of trains were criss-crossing Europe during the mobilization, and as you can imagine, all the trains had to run precisely on time. A train that was even a minute early or a minute late would cause a chain reaction to the rest of the plan, affecting the time tables of other trains and other troop movements. In short, there was no room for error.
In many respects the Schlieffen Plan is still with us to this day – not with regards to war, but for monetary policy. Like the German General Staff more than a century ago, modern central bankers concoct the most complicated, elaborate plans to engineer economic victory. Their success depends on being able to precisely control the [sometimes irrational] behavior of hundreds of millions of consumers, millions of businesses, dozens of foreign nations, and trillions of dollars of capital. And just like the obtusely complex war plans from 1914, central bank policy requires that all the trains run on time. There is no room for error.
This is nuts. Economies are comprised of billions of moving pieces that are beyond anyone’s control and often have competing interests. A government that’s $30 trillion in debt requires cheap money (i.e. low interest rates) to stay afloat. Yet low interest rates are severely punishing for savers, retirees, and pension funds (including Social Security) because they’re unable to generate a sufficient rate of return to meet their needs.
Low interest rates are great for capital intensive businesses that need to borrow money. But they also create dangerous asset bubbles and can eventually cause a painful rise in inflation. Raise interest rates too high, however, and it could bankrupt debtors and throw the economy into a tailspin. Like I said, there’s no room for error – they have to find the perfect balance between growth and inflation.
Several years ago hedge fund billionaire Ray Dalio summed it up perfectly when he said, “It becomes more and more difficult to balance those things as time goes on. It may not be a problem in the next year or two, but the risk of not getting it right increases with time. The risk of them getting it wrong is clearly growing. I truly hope they don’t get it wrong. But if they ever do, people may finally look back and wonder how we could have been so foolish to hand total control of our economy over to an unelected committee of bureaucrats with a mediocre track record… and then expect them to get it right forever. It’s pretty insane when you think about it."
As Einstein quipped at the height of World War I in 1917, “What a pity we don’t live on Mars so that we could observe the futile activities of human beings only through a telescope…”
○
"It is common to assume that human progress affects everyone - that even the dullest man, in these bright days, knows more than any man of, say, the Eighteenth Century, and is far more civilized. This assumption is quite erroneous. The great masses of men, even in this inspired republic, are precisely where the mob was at the dawn of history. They are ignorant, they are dishonest, they are cowardly, they are ignoble. They know little if anything that is worth knowing, and there is not the slightest sign of a natural desire among them to increase their knowledge."
- H. L. Mencken, 1929
○
Freely download "Ideas And Opinions", by Albert Einstein, here:
"How Easy It Seems..."
“A craven can be as brave as any man, when there is nothing to fear. And we all do our duty, when there is no cost to it. How easy it seems then, to walk the path of honor. Yet soon or late in every man’s life comes a day when it is not easy, a day when he must choose.”
- George R.R. Martin
o
“Life has no victims. There are no victims in this life. No one has the right to point fingers at his/her past and blame it for what he/she is today. We do not have the right to point our finger at someone else and blame that person for how we treat others, today. Don’t hide in the corner, pointing fingers at your past. Don’t sit under the table, talking about someone who has hurt you. Instead, stand up and face your past! Face your fears! Face your pain! And stomach it all! You may have to do so kicking and screaming and throwing fits and crying – but by all means – face it! This life makes no room for cowards.”
- C. Joybell C.
"Protect Your Money Now Because Banks Are Falling Apart All Around Us"
Full screen recommended.
Epic Economist, 10/25/24
"Protect Your Money Now Because Banks
Are Falling Apart All Around Us"
"What if I told you that the banks you trust with your life savings are on the brink of collapse? Yes, right now, all around us, hundreds of big U.S. banks are falling apart, and your money is at risk. But there's a solution for those who want to safeguard their finances before the inevitable failure of these institutions. Today, I’m going to explain to you what's happening to the American banking system and show you how to protect your money before it’s too late.
We’ve all heard the whispers: another bank collapse, another bailout, another financial crisis looming. And with everything happening in the world right now - from inflation, to higher interest rates, to recession - it’s hard not to wonder: is my money safe in the bank? In the past year alone, we’ve seen many established financial institutions collapsing in the U.S. But what does this mean for you, and how can you take steps to secure your savings before things get worse? Stick with me, because by the end of this video, you’ll understand the depth of this crisis and know how to keep your money safe.
Comments here:
o
Full screen recommended.
Michael Bordenaro, 10/25/24
Housing Market in Total Collapse!
Inventory Up, Interest Rates Up!"
"The US housing market is in complete free fall as inventory continues to rise, mortgage rates continue to rise, buyer demand hit a 30 year low and inflation is roaring back to life. This is literally the recipe for a housing crash brewing right before our eyes."
Comments here:
"Trapping Wild Pigs"
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"Trapping Wild Pigs"
by Jeff Thomas
"Most of us would like to assume that we’re smarter than pigs, but are we? Let’s have a look. Pigs are pretty intelligent mammals, and forest-dwelling wild pigs are known to be especially wily. However, there’s a traditional method for trapping them. First, find a small clearing in the forest and put some corn on the ground. After you leave, the pigs will find it. They’ll also return the next day to see if there’s more.
Replace the corn every day. Once they’ve become dependent on the free food, erect a section of fence down one side of the clearing. When they get used to the fence, they’ll begin to eat the corn again. Then you erect another side of the fence.Continue until you have all four sides of the fence up, with a gate in the final side. Then, when the pigs enter the pen to feed, you close the gate.
At first, the pigs will run around, trying to escape. But if you toss in more corn, they’ll eventually calm down and go back to eating. You can then smile at the herd of pigs you’ve caught and say to yourself that this is why humans are smarter than pigs. But unfortunately, that’s not always so. In fact, the description above is the essence of trapping humans into collectivism.
Collectivism begins when a government starts offering free stuff to the population. At first, it’s something simple like free education or food stamps for the poor. But soon, political leaders talk increasingly of "entitlements" – a wonderful concept that by its very name suggests that this is something that’s owed to you, and if other politicians don’t support the idea, then they’re denying you your rights.
Once the idea of free stuff has become the norm and, more importantly, when the populace has come to depend upon it as a significant part of their "diet," more free stuff is offered. It matters little whether the new entitlements are welfare, healthcare, free college, or a guaranteed basic wage. What’s important is that the herd come to rely on the entitlements. Then, it’s time to erect the fence.
Naturally, in order to expand the volume of free stuff, greater taxation will be required. And of course, some rights will have to be sacrificed. And just like the pigs, all that’s really necessary to get humans to comply is to make the increase in fencing gradual. People focus more on the corn than the fence. Once they’re substantially dependent, it’s time to shut the gate.
What this looks like in collectivism is that new restrictions come into play that restrict freedoms. You may be told that you cannot expatriate without paying a large penalty. You may be told that your bank deposit may be confiscated in an emergency situation. You may even be told that the government has the right to deny you the freedom to congregate, or even to go to work, for whatever trumped-up reason.
And of course, that’s the point at which the pigs run around, hoping to escape the new restrictions. But more entitlements are offered, and in the end, the entitlements are accepted as being more valuable than the freedom of self-determination.
Even at this point, most people will remain compliant. But there’s a final stage: The corn ration is "temporarily" cut due to fiscal problems. Then it’s cut again… and again. The freedoms are gone for good and the entitlements are then slowly removed. This is how it’s possible to begin with a very prosperous country, such as Argentina, Venezuela or the US, and convert it into an impoverished collectivist state. It’s a gradual process and the pattern plays out the same way time and again. It succeeds because human nature remains the same. Collectivism eventually degrades into uniform poverty for 95% of the population, with a small elite who live like kings.
After World War II, the Western world was flying high. There was tremendous prosperity and opportunity for everyone. The system was not totally free market, but enough so that anyone who wished to work hard and take responsibility for himself had the opportunity to prosper. But very early – in the 1960s – The Great Society became the byword for government-provided largesse for all those who were in need – free stuff for those who were disadvantaged in one way or another.
Most Americans, who were then flush with prosperity, were only too happy to share with those who were less fortunate. Unfortunately, they got suckered into the idea that, rather than give voluntarily on an individual basis, they’d entrust their government to become the distributor of largesse, and to pay for it through taxation. Big mistake. From that point on, all that was necessary was to keep redefining who was disadvantaged and to then provide more free stuff.
Few people were aware that the first sections of fence were being erected. But today, it may be easier to understand that the fence has been completed and the gate is closing. It may still be possible to make a hasty exit, but we shall find very few people dashing for the gate. After all, to expatriate to another country would mean leaving all that free stuff – all that security.
At this point, the idea of foraging in the forest looks doubtful. Those who have forgotten how to rely on themselves will understandably fear making an exit. They’ll not only have to change their dependency habits; they’ll have to think for themselves in future. But make no mistake about it – what we’re witnessing today in what was formerly the Free World is a transition into collectivism. It will be a combination of corporatism and socialism, with the remnants of capitalism. The overall will be collectivism.
The gate is closing, and as stated above, some members of the herd will cause a fuss as they watch the gate closing. There will be some confusion and civil unrest, but in the end, the great majority will settle down once again to their corn. Only a few will have both the insight and temerity necessary to make a dash for the gate as it’s now closing.
This was true in Argentina when the government was still generous with the largesse, and it was true in Venezuela when the entitlements were at their peak. It is now true of the US as the final transition into collectivism begins. Rather than make the dash for the gate, the great majority will instead look down at their feed and say, "This is still the best country in the world," and continue eating the corn."
Judge Napolitano, "INTEL Roundtable w/Johnson & McGovern: Weekly Wrap-Up"
Judge Napolitano - Judging Freedom, 10/25/24
"INTEL Roundtable w/Johnson & McGovern:
Weekly Wrap-Up"
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Dan, I Allegedly, "You Will Live On Less"
Full screen recommended.
Dan, I Allegedly, AM 10/25/24
"You Will Live On Less"
"Today we're diving into the scary reality of paycheck to paycheck living, even among those earning over $150K a year. I'm Dan, and it's a wild ride as we explore how the economy is impacting our wallets. From Bank of America’s revealing study to the downfall of Denny’s, we're uncovering the harsh truths that many are facing. Please join our email list for more insights and updates! With businesses cutting back, like a coffee company leaning on AI to slash employee hours, everyone’s feeling the pinch. Even Denny's isn't safe, closing numerous locations due to skyrocketing costs. Can you believe a BLT now costs $18?"
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Travelling with Russell, "I Visited the World Famous Russian Children's Railway"
Full screen recommended.
Travelling with Russell, 10/25/24
"I Visited the World Famous Russian Children's Railway"
"The Moscow Children's Railway is an education organization of the Moscow Railway. It is designed to teach children ages 12-17 all aspects of railway operation. The railway is operated solely by children, with every job fulfilled independently to run the railway."
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Travelling with Russell, "60 Seconds In Russia"
"The Endless Pursuit of Truth"
"The Endless Pursuit of Truth"
by Mark Manson
"Each week, I send you three potentially life-changing ideas to help you be a slightly less awful human being. This week, we’re talking about: 1) why we need philosophy today more than ever, 2) the civilizational struggle of fact versus fiction, and 3) setting thresholds of certainty. Let’s get into it.
1. Why we all need philosophy – My dear intrepid reader, I have a confession to make. Last week… I got triggered by something I read on the internet. I know, I know… it’s shocking. You would think the opinions of strangers on the internet would be delightful to read. But alas, I was accosted by stupidity and malice on a scale previously unimagined by my virgin mind.
What did this hideous brute say? What did I find so upsetting that I now find it necessary to seek solace and comfort in you, my dear reader? Some nitwit wrote a thing saying that philosophy is stupid and a complete waste of time. HOW DARE HE?!?!
I threw my headphones off in a rage. This lout! This brute! I will have my vengeance… I began to pace in my room, stroking my neckbeard. This wrong must be righted, I thought, and not just for me and my precious sensibilities, but for the good of the downtrodden and vulnerable, for the benefit of humanity - for the world! Yes, this malignant force shall be excised from the minds of feeble men. I alone shall be the stalwart savior. I alone shall be the beacon of all that is good. And I will do it… by posting a comment on Facebook.
Well, you and I know both how Facebook comments go. They reside somewhere between the eighth and ninth circles of hell - a form of masochism reserved for only the truly loathsome. As I wrote, my arguments bled into more points, and then more points. Soon, I found myself spending hours reviewing books I hadn’t read in years, looking for quotes, passages, and citations - any evidence of this pernicious being’s moral failings.
Eventually, the Comments to End All Comments grew to such a staggering size, it began to teeter under its own weight (that and Facebook has a character limit). I quickly decided to move my treatise to a Word document and continued my crusade. Days passed. Sources piled up. Inappropriate jokes about birthday cakes and sticks of butter magically appeared. And when the dust settled, I was staring down more than 35 pages of linguistic thicket and bramble. “Nobody’s going to read all of this sh*t,” I said to myself. Yes, friends, I had gone overboard.
Over more days of effort, I chopped about 10 pages and consolidated my ideas into a more easily digestible, multi-part article. And today I proudly present to you the fruit of my labors, the result of my epic struggle against Some Guy On Facebook Who Is Really Wrong But Doesn’t Know It Yet—a most complete summation of all the reasons philosophy is awesome and you should totally read it and stuff… Behold, I give you… "Read: Why We All Need Philosophy"
The main thrust of the article is that the goal of philosophy is to develop tools that can help discern truth and reality. In many ways it has become more difficult to decipher fact from fiction today than ever before. Which brings me to a theory/idea I’ve been playing around with in my head for a while…
2. The new polarization of fact and fiction – In 1789, at the onset of the French Revolution, the National Constituent Assembly was called where leaders from all across France would meet with King Louis XVI to determine the fate of the country.
As the assemblymen streamed in, the monarchists who supported the king congregated on the right side of the chamber, where the nobility had traditionally sat in previous eras, to signal their loyalty to the king. Those who desired revolution, wanting to separate themselves as much as possible and make their dissent known, all sat on the left side of the chamber. The two sides soon began referring to each other simply as “the right” and “the left.” The names stuck.
It’s shifted over the centuries, but typically people “on the right” value structure, order, and tradition, while people “on the left” value equality, personal expression, and change. Most people see this political spectrum as linear and one-dimensional - you’re either on one side or the other (e.g., “you’re with us or against us.”)
But there is a lesser-known “horseshoe theory” in political science, where the political spectrum actually curves so that the extreme-right and extreme-left end up closer to each other than they do to moderates or centrists in the middle.
The argument goes that the extremes of each side of the political spectrum generally support more authoritarian states if it means accomplishing their goals. They are both willing to suppress civil liberties, especially of their enemies. They’re both likely to see the world in stark (and often similar) us/them dichotomies. And historically, the extreme right and left have found themselves cooperating for short periods of time to overthrow the status quo.
In the 1970s, the psychologist Hans Eysenck proposed a similar theory that the political spectrum is not uni-dimensional, but rather two dimensional. People exist on the typical right vs left spectrum, but also an authoritarian vs libertarian spectrum. (You can take a version of this test online to see where you are.)
Historically, the difference between extremism and centrism has been people’s openness to compromise. Radical Bob and Moderate Jane would both watch the same news channel and get the same information, but Radical Bob refuses to consider other viewpoints whereas Moderate Jane understands that she is biased by her own interests and other people have legitimate views as well.
But today, something else is going on, this second polarity seems to have shifted… I attended a talk (on Zoom) a few months ago given by a former official from the US State Department and he said something that kind of blew my mind and I haven’t been able to stop thinking about since: “The strategic challenge for every nation in the 21st century is the ability of its people to determine fact from fiction.”
He went on to explain that much of the “cold war” style tactics used by the US, Russia, China, and others, is not about overt displays of military power. It’s more about introducing information that disrupts the cultural status quo in each others’ societies. This is done to generate internal instability and political parties within each country have begun to do this as a means for power as well.
As a result, I think the 21st-century version of the horseshoe theory could become slightly different from previous eras. Whereas in generations past, the difference between extremists and moderates was the willingness to compromise, today there is a new polarization between those who doggedly pursue facts over fiction regardless of the political implications of those facts and those who only adhere to narratives that fit their political interests, regardless of whether they are true or not.
To put it another way, in the 20th century, Radical Bob and Moderate Jane were exposed to the same information - they watched the same news channels, read the same articles, and believed the same facts. Radical Bob was simply unwilling to compromise on his interpretation of the facts whereas Moderate Jane was.
Today, Radical Bob and Moderate Jane don’t even consume the same information. Radical Bob has limited himself to a steady diet of narratives that reinforce his prior convictions and bolster his political aims. Moderate Jane spends most of her time wading through piles of bullshit to hopefully find something that seems reliable and true.
Each exists in their own world, oblivious to the narratives that define the others’ world. Compromise becomes impossible not just because of Radical Bob’s entrenchment, but because there is no common ground on which to disagree on in the first place.
3. Thresholds of certainty – If I had to nominate one historical figure who would absolutely dominate Twitter, it would be Nietzsche. In researching the philosophy article, I got to revisit a lot of his work and it’s always a joy. That dude could pack more meaning into fewer words than almost anyone else I’ve ever come across. For example, check this one out:
“It is not doubt but certainty that drives you mad.”
Goddamn. You could just sit and let that one marinate in your head for hours. Anyway, given the article and email and crazy times we live in, I have been doing a lot of thinking about doubt and certainty and truth the past week.
We traditionally see truth as a binary thing. Either it is or it isn’t. True or false. But given the flood of epistemic uncertainty introduced by the information age, I think that maybe we should think about truth in terms of thresholds of certainty. It’s like a spectrum of how likely a thing is to be true and the further an idea gets up the spectrum the more committed you become to it. The further it slides down the spectrum, the more willing you are to let go and allow it to be wrong.
For example, my little theory about politics above, I’d file that under “theoretically plausible” - it’s a fun thing to think about and loosely reflects reality but you probably wouldn’t want to bet your life on it.
Other ideas that have a lot of research behind them but remain theories, you’d move them up to “probably true,” and things that have been around for generations and have a lot of rock-solid evidence, you’d categorize as, “almost certainly true.”
Then, at the tippy top of the spectrum, you get stuff like gravity and the laws of thermodynamics, the fact that your mom had sex with your dad at some point, and all the other stuff that it’s inconceivable as to how they could not be true.
Generally, we’re good at moving up the scale of certainty, we’re good at taking something we think might be true and then accepting that it’s probably true. But we’re really bad at coming down the scale of certainty. We suck at taking things that we’re sure are true and admitting that they might not be. In fact, we often do the opposite: we double down on them as if to prove to ourselves we were right all along. And that’s when the trouble starts.
Nietzsche is right that it’s not flexibility of thought but rigidity of thought that causes irrationality and stupidity. Therefore, changing your mind should be something admirable, not embarrassing. It should be seen as a success and not a failure. It should be celebrated, not ridiculed.
This is something I’d like to institute into the newsletter at some point soon: once or twice a year, I share things that I’ve recently changed my mind about, and why. Maybe I’ll crowdsource things that you guys have changed your minds about and share those as well. Then we’ll all drink some cheap tequila and eat birthday cake and celebrate the necessary-yet-impossible pursuit of truth. It’ll be fun. Until next week..."